Pinnacle West Capital Corporation News

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Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities, as well as owns and maintains transmission and distribution substations. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.

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Pinnacle West Capital Corporation Market News

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PNW Under Rate Scrutiny: 13B Arizona Capex Plan-Q2

  • Pinnacle West (PNW) is navigating a large $13B capital program for Arizona Public Service while facing pressure from the Arizona Corporation Commission over rate relief. Recent earnings show resilient demand and steady dividends, but regulatory outcomes and cost recovery remain the primary near-term risk drivers for the stock.
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